SalariesByCity
BLS SOC 13-2051 · Virginia · Updated 2026

Financial Analyst Salary in Richmond, VA

Financial Analysts in Richmond, VA earn a median of $82,000/year, ranging from $61,000 (25th percentile) to $138,000 (90th percentile). After Virginia state taxes (5.75%) and cost-of-living adjustments (COL index 101), this is equivalent to $81,188 in purchasing power vs the US average.

Median Annual
$82,000
BLS median
Entry Level (P25)
$61,000
25th percentile
Senior (P75)
$107,000
75th percentile
Top Earners (P90)
$138,000
90th percentile

1Salary Distribution in Richmond, VA

P25
P75
P25
$61,000
Median
$82,000
P75
$107,000
P90
$138,000

2Estimated Take-Home & Purchasing Power

Gross Median Salary
$82,000
Before taxes
Est. Take-Home (After Tax)
$71,411
After 5.75% state + ~7.6% FICA
COL-Adjusted Purchasing Power
$70,704
vs US average (COL index: 101)

* Estimates only. Does not include federal income tax, 401k, health insurance, or local taxes. Use the Salary Calculator for a detailed breakdown.

3

How Does Richmond, VA Compare?

Nearby and similar metro areas
CityMedianCOL IndexCOL-Adjusted
Richmond, VA (current)$82,000101$81,188
San Francisco, CA$112,000186$60,215
New York, NY$128,000187$68,449
Seattle, WA$105,000162$64,815
Boston, MA$115,000162$70,988
Austin, TX$92,000124$74,194

4Frequently Asked Questions

What is the average Financial Analyst salary in Richmond, VA?

The median Financial Analyst salary in Richmond, VA is $82,000 per year as of 2026 BLS OEWS data. The 25th percentile is $61,000 and the 90th percentile is $138,000.

Is Richmond, VA a good place to work as a Financial Analyst?

Richmond, VA has a cost of living index of 101 (US average = 100). After adjusting for cost of living, a $82,000 Financial Analyst salary in Richmond, VA is equivalent to $81,188 in purchasing power compared to the US average.

What is the cost of living adjustment for Richmond, VA?

Richmond, VA has a cost of living index of 101, meaning it is 1% more expensive than the US average. The state income tax rate in Virginia is approximately 5.75%.

What is the Financial Analyst salary range in Richmond, VA?

In Richmond, VA, Financial Analysts earn between $61,000 (25th percentile) and $138,000 (90th percentile), with a median of $82,000 per year.

How many Financial Analyst jobs are there in Richmond, VA?

According to BLS OEWS data, there are approximately 6,000 Financial Analyst positions in the Richmond, VA metropolitan area.

What do Financial Analysts earn in Richmond, VA?

Based on BLS OEWS 2026 data, Financial Analysts in Richmond, VA earn a median annual wage of $82,000. The middle 50% earn between $61,000 and $107,000. The top 10% earn more than $138,000. There are approximately 6,000 Financial Analysts employed in the Richmond, VA metro area, with annual job growth estimated at 3%.

Is Richmond, VA a good place for a Financial Analyst?

Richmond, VA has a cost of living index of 101 (US average = 100), making it 1% more expensive than the national average. After adjusting for cost of living, a Financial Analyst in Richmond, VA earning $82,000has the equivalent purchasing power of $81,188 relative to the US median. Virginia has a state income tax rate of approximately 5.75%.

What is the cost of living adjustment for Richmond, VA?

Richmond, VA's cost of living index is 101, based on composite data including housing, food, transportation, healthcare, and utilities. This means that $82,000 in Richmond, VAhas the same purchasing power as $81,188 in a city at exactly the US average cost of living. Housing is typically the largest driver of cost of living differences between metros.

Compare Richmond, VA with Another City

See a detailed side-by-side comparison of salary, taxes, and purchasing power.

Data source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS) Program. All figures are approximate annual estimates based on the most recent available BLS data. Actual salaries may vary based on experience, education, employer size, and specific role. Cost-of-living data represents composite indices from publicly available metropolitan area data.